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General Electric Company’s (NYSE: GE) GE Aviation has agreed with Transcend Air Corporation to develop and certify a custom variant of GE’s class-leading CT7-8 turboshaft helicopter engine to power the Vy 400 High-Speed Vertical Takeoff and Landing (HSVTOL) aircraft. The vertical takeoff and landing capabilities of the Vy 400 aircraft give Transcend Air access to demand-rich centers of major cities.
...read full article on Benzinga
